| Issue Date: | |
|---|---|
| Revised Date: | 2009-06-19 |
Legal Cites
- Transportation Code sec. 222.001, sec. 222.002, sec. 222.072
- Texas Constitution art. VIII sec. 7-a
Origin:
1917
Purpose
To receive money allocated by law for furtherance of public road construction and maintaining/policing of a system of state highways. State Infrastructure Bank is an account in the highway fund to receive proceeds of bonds issued under § 222.075, and other eligible federal and state dollars. Funds may not be pledged or encumbered to guarantee a loan obtained or insure bonds issued by a public or private entity for costs associated with a toll facility.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained for constitutionally -- dedicated portion of the fund; remainder credited to General Revenue Fund (0001). |
| Disposition of Balance | |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Fund not created by Constitution but some revenue sources are constitutionally dedicated. State Infrastructure Bank added by S.B. 370, 75th Leg, R.S. Amended by S.B. 883, 81st Leg., R.S. Agency 608 added by H.B. 3097, 81st Leg., R.S.
USAS Values
| USAS Title | STATE HIGHWAY FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.